SBA lending record

Nerds Xpress LLC

25240 LAHSER RD, Southfield, MI 48033 · Custom Computer Programming Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$4.9M

Total SBA financing

Loans on record

FY2021–22

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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All 3 loans

$1,900,000 — FY2022

Loan 1 of 3

Gross approval: $1,900,000
SBA guaranteed: $1,425,000 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 6.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/5/2022
First disbursement: 6/30/2022
Days to fund: 25 days
Collateral: Required
Sold on secondary market

The lender

Newtek Small Business Finance, Inc.

3 loans to this business

Agent summary

This page summarizes the public SBA 7(a) lending record for Nerds Xpress LLC in Southfield, MI (Custom Computer Programming Services). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

3 SBA 7(a) loans totaling $4.9M
On record FY2021–22
60 jobs supported
Industry: Custom Computer Programming Services
Location: Southfield, MI
Lender: Newtek Small Business Finance, Inc.

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